(Just a reminder: the Iraq and Afghanistan wars have cost trillions, but instead of raising taxes to pay for them we cut taxes, ensuring that our children and grandchildren will still be paying for these adventures decades from now. And the first week of the current limited Libyan bombing campaign has cost the U.S. Treasury more than $600 million. Just where do people suppose that money is coming from?)
Sen. Al Franken (D-Minn.) has a simple proposal: when it comes to war, it should be pay as you go.
“It’s basically saying if we go to war, it shouldn’t contribute to our debt,” Franken said in a MinnPost story. “We’ve spent over a trillion dollars in Iraq and Afghanistan, and that’s part of why we’re where we are with this deficit.”
Want to bomb Libya? Great; figure out in advance how to pay for it. Want to invade Iran? Not until you know exactly where those billions, maybe trillions, will come from and that it won't be financed through longterm de... >>>
Person | About | Day |
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Habibollah Golparipour: Prisoner of the day | Kurdish Activist on Death Row | Nov 28 |